NYS Housing Trust Fund Corporation

38-40 State St., 4th Fl. North, Albany, NY, 12207
(212) 480-6460



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Albany County

Section 8 Voucher Wait List   Closed
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Public Housing Wait List   Open
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About NYS Housing Trust Fund Corporation

The Housing Trust Fund Corporation (HTFC or the Corporation) was established by Chapter 67 of the Laws of 1985, specifically under Section 45-a of the Private Housing Finance Law (PHFL), as a subsidiary public benefit corporation of the New York State Housing Finance Agency (HFA). The Law conferred a number of privileges, tax exemptions and powers to HTFC including the authority to contract with the Division of Housing and Community Renewal (DHCR) to administer the Corporation's activities. HTFC was also authorized, among other things, to create its own by-laws for the management of its affairs, make and execute its own contracts, engage the services of consultants for professional and technical assistance services, and determine policies for the investment of its funds.


Mission Statement

The mission of the Corporation, as originally established under Section 45-a and Article18 of the PHFL, was to create decent affordable housing for persons of low-income by providing loans and grants for the rehabilitation of existing housing or the construction of new housing under the Low-Income Housing Trust Fund Program. This mission has reinforced since then by the adding many State and Federal programs to HTFC's portfolio.

Program Summary for NYS Housing Trust Fund Corporation

NYS Housing Trust Fund Corporation is a public housing agency that helps provide decent and safe rental housing for eligible low-income families, the elderly, and persons with disabilities. NYS Housing Trust Fund Corporation manages several funded programs and has a total of 60 subsidized affordable housing units for rental assistance. NYS Housing Trust Fund Corporation administered a total of 46,381 Section 8 Vouchers. NYS Housing Trust Fund Corporation currently has Section 8 as its program type. NYS Housing Trust Fund Corporation is located at 38-40 State St., 4th Fl. North, Albany, NY, 12207 and serves the city of Albany. Income limits, fair market rents and rent rates vary with each agency. Please contact NYS Housing Trust Fund Corporation at, (212) 480-6460 for more information about coverage area and program availability.


Current Status Active
Size of NYS Housing Trust Fund Corporation compared nationally Large
Last Updated 11/29/2014
Total Numbers of Communities N/A
Total numbers of Administered Section 8 Voucher 46,381
Total numbers of Administered Public Housing Units N/A
Waiting list for the NYS Housing Trust Fund Corporation is currently Open


2022 Income Limits for Albany County, NY

HUD sets Income Limits for each area based on the median family income in that area. Each Public Housing Agency (PHA) will use the Income Limit set for the jurisdiction that the PHA covers. Therefore, a family may be eligible for one PHA but not another. The number of people in a household determines the Income Limit that is set for determining the family's eligibility for the program that they are applying for. Below are the Income Limits for Albany County, NY:

Median Income
$0
Income Limit Category
Persons in Family
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 50%
  • Very Low Income Limit
  • $33,950
  • $38,800
  • $43,650
  • $48,500
  • $52,400
  • $56,300
  • $60,150
  • $64,050
  • 30%
  • Extremely Low Income Limit
  • $20,400
  • $23,300
  • $26,200
  • $29,100
  • $31,450
  • $35,160
  • $39,640
  • $44,120
  • 80%
  • Low Income Limit
  • $54,350
  • $62,100
  • $69,850
  • $77,600
  • $83,850
  • $90,050
  • $96,250
  • $102,450

2017 Fair Market Rents for Albany County, NY

Fair Market Rents are HUD's determination of the average rents in a particular area for each bedroom size. The FMRs are set each year based on the rental rates of unsubsidized units so that participants in HUD programs have equal access for affordable housing. Here are the Fair Market Rents for Albany County, NY:

Efficiency One-Bedroom Two-Bedroom Three-Bedroom Four-Bedroom
$690 $817 $1006 $1259 $1387



Agency Name City State Section 8 Voucher Housing Units Status Distance
New York State Health Facilities Association (NYSHFA) New York State Health Facilities Association (NYSHFA) Albany, NY 316 N/A Open 1.26 Miles Contact
Albany Housing Authority Albany Housing Authority Albany NY 68 20 Open 1.5 Miles Contact
Rensselaer Housing Authority Rensselaer Housing Authority Rensselaer NY 98 146 Open 1.55 Miles Contact
Watervliet Housing Authority Watervliet Housing Authority Watervliet NY 215 307 Open 5.62 Miles Contact
Village of Green Island Housing & Section 8 Village of Green Island Housing & Section 8 Green Island NY 46 N/A Open 6.32 Miles Contact
Troy Housing Authority (THA) Troy Housing Authority (THA) Troy NY 1,344 500 Open 7.18 Miles Contact

Housing Authority

NYS Housing Trust Fund Corporation Program Type:
  • Section 8 Voucher
CALL
Total Subsidized Units for Rental Assistance Availability

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Albany County Quick Facts

Population: 308,171
Persons Per Household: 2.35
Housing Units in Multi-units Structure: 43%
Homeownership Rate: 59.3%
Housing Units: 137,608
Yearly Income Per Person: $32,328
Median Household Income: $59,394